A Year in Review Network Council Meeting – September , 2011

Jubilee's mission is to end unjust debt and transform the international financial system to benefit and ensure participation of the most vulnerable.

Jubilee is working on solutions to the international debt crises: Implementing responsible borrowing and lending and expanding debt cancellation for indebted poor countries Promoting tax justice and closing tax loop holes, which would raise revenue for the global south and help to foster a more sustainable future

Jubilee Tactics to End the International Debt Crises: Lobbying the White House Passing Critical Legislation in Congress Collaborating with our global partners to implement resolutions in the United Nations

Jubilee Making the News Over the past year, Jubilee’s work has appeared in dozens of local, national, and international outlets such as CNN, MSNBC, AP, BBC, Reuters, Fox News, ABC, The Washington Post, Congressional Quarterly, Bloomberg, and Pacifica

A Review of Last Year’s Work

A Brief Overview of the Network Council Meeting 2010: Legislation Haiti Debt Cancellation - Jubilee led the call to cancel Haiti’s debt after the earthquake and on July 21 st, 2010, the IMF, WB, and Inter-American Development Bank cancelled Haiti’s multilateral debt Stop VULTURE Funds" Act (H.R. 2932) - The bill was introduced in the House of Representatives by Representatives Maxine Waters (D-CA) and Spencer Bachus (R-AL) and would have prevented vulture funds from making excessive profit off the debt of the world's poorest nations Jubilee Act -The Jubilee Act was introduced in the House in December 2009 and received bipartisan support with 53 cosponsors -Reps. Maxine Waters (D-CA) and Spencer Baucus (R-AL) introduced the bill in the House of Representatives

A Brief Overview of the Network Council Meeting 2010: Outreach Change not Chains Campaign -22 Jubilee Action Parties Held Across the Nation, 8 In- District Meetings held to advocate on behalf of the Jubilee Act, and over 10,349 Postcards Delivered to Congress Stand Up, Take Action! Stand Up! Take Action Events Nationwide, 41 Jubilee Sunday Services, and participation in the NYC and DC United Nations Millennium Campaign Events Landmark Bipartisan Outreach to President Obama - Jubilee USA worked for Congress to send a letter to President Obama asking for expanded debt cancellation - 48 members of Congress signed the bipartisan letter

Senators Lugar and Casey IFI Reform Letter – December 2010 Jubilee received bipartisan support for the Jubilee Act for Responsible Lending and Expanded Debt Cancellation On December 23, Senators Lugar (R-IN) and Casey (D-PA) were joined by Senators Kerry, Menendez, Dodd, Durbin, Cardin and Sherrod Brown in sending a letter to President Obama supporting grants, not loans, increased transparency and accountability, and fighting corruption for the world’s low-income countries - Senator Casey says, “…This legislation will help these nations get out of debt and help them free up resources to reduce poverty…”

Jubilee Act Reintroduction of the Jubilee Act - Jubilee USA Network organized an in-district meeting with religious leaders to lobby Congressman Spencer Bachus, Chairman of the Committee on Financial Services to support the Jubilee Act for Responsible Lending and Expanded Debt Cancellation

Work Since the NC Meeting 2010

A Year in Review - World Social Forum in Dakar, Senegal - IMF Gold Sales Campaign - World Bank Authorization - Crowning of IMF Director Media Stunt - Responsible Borrowing and Lending Principles -Voices of Esther Postcard Campaign - Meeting at the White House - 1,000 Faith Leaders Letter Initiative - Tax Justice Collaboration - Closing Corporate Tax Loopholes - Ending Tax Haven Secrecy - ZIMCODD Partnership - Illegitimate Debt Week - Jubilee Sunday and Jubilee Shabbat Network Council Meeting 2011

World Social Forum Eric LeCompte joined international partners in Dakar, Senegal during the World Social Forum to launch the Diffuse the Debt Crisis campaign, aimed at the creation of an international debt court that would allow countries to negotiate unsustainable debts with their creditors